Shane Bishop is a pharmacist and the founder and CEO of Custom Health Inc., a frontrunner in digital healthcare solutions that develops innovative software for tracking medications used by patients. He is also a TEC Canada member in Kelowna, BC.
We are excited to join in the celebration of Custom Health Inc., debuting in the public market via a merger with Berenson Acquisition Corp., a leading special purpose acquisition company (SPAC)! The merger positions Custom Health at a pre-money equity valuation of $185 million.
Details of Custom Health Inc.’s Latest Deal
The arrangement with Berenson Acquisition Corp. promises to funnel $11.1 million from the SPAC’s trust to Custom Health, assuming no redemptions. The deal also opens the door for possible additional financing, although the specifics of this potential financing remain undisclosed. The proposed transaction is predicted to conclude during the second quarter of 2024, in line with customary closing conditions.
To learn more about Custom Health Inc., Shane Bishop, and this growing Canadian business success story, click here.